Aramco keeps March Arab Light Crude price to Asia unchanged

Riyadh – Mubasher: Saudi Arabian Oil Co, known internationally as Saudi Aramco, on Sunday said it has kept its price for Arab Light grade for March to Asia unchanged in March.

The state-owned crude producer remained the price at a $1.65 premium per barrel up to the Oman/Dubai average, according to Reuters.

The largest global oil firm reduced its Arab Light official selling price (OSP) to Northwest Europe by 55 cents for March, with $1.75 discount per barrel to the ICE Brent.

The OSP for the Arab Light to the US was specified at $90 premium per barrel up to Argus Sour Crude Index (ASCI) for March, remained stable from February.

Mubasher Contribution Time: 04-Feb-2018 13:52 (GMT)
Mubasher Last Update Time: 04-Feb-2018 14:01 (GMT)